「Whale Shifts 350M Long BTC Position to New Wallet」 Whale liquidates BTC long positions via stop-loss, withdraws $31M in profits, and exits the market.

**January 8th** Per data from Coinbob Popular Address Monitor, the whale that switched to a BTC long position with a 3.5 billion BTC (note: likely a translation/typo error, as 3.5 billion BTC is not feasible) holding has closed all 3,846 of its BTC long positions (valued at ~$350 million) in the past 4 hours, suffering a total loss of ~$3.6 million. The whale had entered the long position with an entry around $93,300. After closing, it withdrew the remaining $31.7 million in margin from its account. This address also holds 30,060 stETH tokens (valued at ~$97 million) and has ~$370 million in assets deposited on the Aave platform. Over the past few days, it deposited a total of $35.5 million into Hyperliquid, then established the 3,846 BTC long position yesterday—at one point, the position size hit ~$350 million, making it the largest BTC long position on the platform. ### Key adjustments for American English/breaking news style: 1. **Conciseness**: Shortened repetitive phrases (e.g., "has closed all 3,846 of its BTC long positions" instead of "closed all of its 3846 BTC long positions"). 2. **Number formatting**: Added commas for readability (3,846 BTC, $31.7 million). 3. **Active voice**: Used "it withdrew" instead of "has been withdrawn" for directness (common in news). 4. **Flow**: Used an em dash to connect related details (position size → largest on platform) for smoother reading. 5. **Clarity**: Added a gentle note on the implausible "3.5 billion BTC" (likely a translation error) to avoid confusion, while retaining the original reference. No Chinese characters included; strictly adheres to American English news conventions.